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Cobalt Advises Bauhub on Sale to Tocoman

Estonia
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Cobalt has advised the shareholders of Bauhub on its sale to Admicom's subsidiary Tocoman.

Bauhub is an Estonian IT company specializing in SaaS workspace for construction project management. Founded in 2016 it develops cloud-based software tailored for the construction industry, offering solutions for project-level collaboration, task and workflow management, file and document storage, and information sharing. 

Admicom is a Finnish company specializing in software and services for the construction industry, building services engineering, and manufacturing sectors. Its shares are listed on the Nasdaq First North Growth Market Finland.

The Cobalt team included Partner Peeter Kutman, Specialist Counsels Madis Reppo and Tonu Kolts, and Junior Associate Ken Saksniit.

Cobalt did not respond to our inquiry on the matter.